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at 400 and above, they're part of the economy. they're getting whacked with the obama care and the deal that was arrived at. all of these things -- >> austerity is ugly. getting there. >> so is oil -- oil's not supposed to go up when the economy's slowing. >> you have the central banks that are printing money. >> you do. >> it's got to go up. >> think about what would happen if they weren't. and in -- all bets off on what happens with the ten year now, too. if we're in a slowing environment. gold suddenliy -- we're immediately going back to 2.75 or 3%. and the dollar's been something to behold in terms of the yen. you don't see that often. and especially when it's telegraphed by --not the guy with the hair, the guy named after lincoln, right? abe. >> abe? >> is it abe? >> or abe. >> i know it. lincoln is hot. >> abe to me. >> lincoln is hot. >> you think it's going to win? >> there's a movie every day. there's that and the o'reillys killing lincoln and "lincoln: the vampire hunter." >> i read the book. >> but? >> i did. >> you had that much time? >> i office a plane. i tried on a plane.
we're here on squawk. >>> also, calls to the white house. president obama will be meeting with a dozen ceos today. and the bulls trying to battle back. it's been a good year, but now stocks coming off their worst losses this year. it's february 5th, 2013 and squawk begins right now. >>> good morning, everybody. ike becky quick along with andrew ross sorkin. joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in t
when obama came in. 47 million now. that's more than the population of spain, 47 million. we all want to help people that are needy. but it's probably not a good idea to create and add to the people that are needy and then feel virtuous about helping them. if policies were able to take -- the 16 million back off food stamps that are on now by giving them jobs, by instituting policies that give them jobs to where they're -- i mean it's so good to feel good on the front end about being virtuous about helping people that are needy but what if you're adding to all the people that are actually in need, steve? >> one statistic that summarizes it, sequester. everybody's talking about the sequester. if "the wall street journal" pointed out, the amount of money we're talking about for one year on the sequester's cuts is one-third of one percent of the 3.6 trillion that we would have if we had a budget. but that's the number. we can't -- one-third of one percent of our budget? oh, my god! if anybody thinks we're going to give those young people a chance that says it all. >> it would be nice if
Search Results 0 to 2 of about 3